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taxpayers. president obama left the white house and headed to this house. a home in falls church where this high school teacher shares with her parents, her husband, and her son. >> this is a solvable problem. >> reporter: the trip was arranged after santana contacted the white house describe how the $2,200 more in taxes would affect her family. >> a couple thousand means a couple of months rent for this family. >> reporter: president obama said that he supports keeping the bush era tax cuts for the middle class in place but ending them on incomes over $250,000 if there is no deal by new year's, everyone pays more. >> if this family has a couple of thousand left to spend, that translates into $200 billion of what consumer spending next year and that is bad for businesses, large and small. >> reporter: they won't support tax hikes but will support raising revenues by limiting tax deductions, closing loopholes and cutting spending. >> i think it's safe to say at that point that the president is not interested in a balanced agreement. he's not particularly interested in avoiding the fisca
of the couple's 3-month--ld daughter. 3 president obama hosted a roundtable with business leaders today..... pitchingghis plan to avoid the fiscal cliff ttrough higher ta. taxes. negotiations between the white stalled. president obama says he will not sign a bill "without" a taxxincrease on incomes over two hundred fifty thousand dollars or more. offer by republican john boehner has not only been rejected by theeadministration party. if a deal sn't made by december thirty-first, automatic tax increases and budget cuts will kiik in by the new year. sooe maryland leaders are speaking out against the fedd' decision to deny aid to hurriiane sandy victims in ur hundreds of residents along the eastern shore were devvstated whennsuperstorm sandy unleashed her fury in pctober. bbt according to the federal emergeecy management agency... tte damage wasn't enough tt warrrnt √°individual√° aid. at a senatt aappopriations hearing today... senators barbara challenged fema leaders to re-think their decisson. 1:24 we in maryland have sooe of the most prosperous counttes in america but we a
something about the obama white house. >> what does obama think of mitt romney? what does he really think? i think he feels romney is incompetent [inaudible] i suspect that one of the themes of the coverage of the campaign is that romney never found a way , either the method or the same of how to run against obama, whereas they thought he was going to be easy. >> what is the one thing you would like to know about president obama? >> i did ask him. i didn't put it in the book. he keeps a diary. so'd liketo ve access. [laughter] >> and decide -- i said you keep a diary craxi said yes, not on all this detail. let's see. so i'm sure he will write a really interesting memoir. >> what did he tell you about that? >> that it existed. no detail. he didn't offer any of it or read from it or anything like that. is it dictated? is it written? ronald reagan kept his diary. it was secret. and now they published all of reagan's diary. i mean, who would have thought? certainly obama much more a sense of history and literature and writing from his own books and so forth, which are very kind of addressed the
us something about the obama white house that we don't know. >> oh. what does obama think of mitt romney? you know, what does he really think, and i think he feels that romney is incompetent because he didn't run a better campaign. i suspect a theme in the coverage of the campaign is going to be that romney never found a way, the message or the theme of how to run against obama where he thought it would be easy. >> what is the one thing you want to know about president obama that you don't? >> i did ask this, i didn't put it in the book, but he keeps a diary. i'd like to have access. [laughter] >> assume that -- >> and he said, do you keep a diary? yes, oh, not on all the detail kind of, and i, you know, come on, let's see it. so i'm sure there will be an interesting memoir. >> what did he tell you about the diary? >> that it existed. no detail. he didn't offer any of it or read from it or anything like that. is it dictated? is it written? who, you know, reagan kept his diary secret. george w -- and now they published all of reagan's diary ies. i mean, who would have thought? cert
the fiscal cliff. there's a possibility if the white house and congressional leaders could resume negotiations. president obama call don banner to discuss ways to avert this. congress's joint economic committee will hold. today on how the fiscal cliff could affect the middle class economic growth, and the deficit. >> it's 35 degrees on this thursday morning. next, an unusual decision by judge. >> which of two people with a criminal past deserved to go to annapolis to represent prince george's county? greg good morning and welcome back. right now we are little busy on the maryland beltway. not seeing any delays for now but prepare for the morning rush-hour. this is footage from a tractor- trailer that overturned loaded with boxes of pineapples. leaving college park and to 270 the right lane will be blocked the entire morning rush hour. they're waiting for a truck to offload the boxes. john gonzalez will have more details later. but the right lane will be blocked through the morning rush hour. after 9:00 we will try to get that back on its wheels. how about the forecast? >> 36 degre
's fix dinner. >>> president obama has opened the white house doors to a bipartisan group of governors and one of the notable names not on the guest list, is texas governor rick perry. the former presidential candidate still has plenty of ideas about federal power as well as some of his colleagues. >> bobby jindal, mary fallen and susana martinez are my neighbors and governor in arkansas, they're all competitors. they are all competitors and they will make you stronger. that's, i think, the difference in -- between the two competing philosophies out there. listen, you know, we want to be left alone and do our own thing and you all don't come into our states and try to take our companies. >> we'll look at some of the governors attending today's meeting and discuss why it's harder to be a republican in a state house than under the capitol dome. that's next. you ever notice that some people just have a knack for giving the perfect gift? they put real thought into it. and find just... the right...thing. how do they do that? more saving. more doing. that's the power of the home depot. pick
just to stay dry. >> whipped out his membership card. >> beau obama, inspecting the white house christmas decorations. >>> are you kidding me? >> never has drew brees thrown foiv interceptions and atlanta will survive. >>> an act of kindness by a new york cop going viral. tourist taking this photo of police officer larry deprimo giving boots to a homeless man. >> absolutely humbling experience. >> the police officer said it felt like the right thing to do and nicholas cage said thanks felt like the right thing to do and nicholas cage said thanks for the shoes. captioning funded by cbs >>> welcome to "cbs this morning." democrats are calling president obama's plan to avoid the fiscal cliff an opening bid. some republicans have different words for it, joke. >> major garret is at the white house and reports on the president's plan and the strong reaction it got from republicans on capitol hill. major, good morning. >> reporter: good morning, charlie and norah t. the white house brought real numbers and republicans called them an insult, concocted in never neverland. so much for a w
proposal by the white house and it is clear that the democrats and president obama cannot could not believe that the republicans would agree to this. so what is going on here? >> well, that's a great question. we are doing this kabuki dance now. obama put this proposal out there so that republicans would have a chance to negotiate with him. he started with this outrageous proposal and look at what we have been able to negotiate. $1.6 trillion in tax increases down to under a trillion dollars. something like that. but there is other thinking that the president simply is not serious -- but he that he wants to go over the cliff and force in 2013, early 2013, put forward after tax rates go up on everyone -- turn around and proposed tax propose tax cuts for those making $250,000 or less p year. and voting against tax cuts for the middle-class. it depends on where you said as to how you see these negotiations playing out right now. megyn: but the white house has maintained in private even to progressive groups, but it does not want to go out thecal cliff. if you believe that? >> it's hard to imag
echoing mitt romney that he's in la jolla and barack obama is in the white house because obama depended on people who were dependent on government. it is just the handout, the takers are the ones who elected barack obama. >> right. the gifts argument. i think there has been a split on the language of this, whether or not the actual ideals of it. the language, split since romney lost and made his little gifts comment after the election. >> bill: that obama won by handing out gifts to the constituencies. >> minorities, women. just gave them -- best example is gave women contraception for their votes. that's potentially -- basically what they said. sununu yesterday or i guess it was tuesday night said that he said the same thing. he was like if you look at this, it wasn't about message. we didn't lose because of message. we lost because -- >> bill: didn't lose because they had a lousy candidate. >> we lost because of the hold-in to obama and what they can give him. >> bill: they're just in denial, right? >> wh
today. >> president obama and mitt romney had lunch together at the white house today. in fact, romney offered to buy obama lunch but the president said no, no, no, it's on our grandchildren. they'll take care of it. [ laughter ] >> brian: they had salad and chili. i wonder even the picture of them together that they released was not -- didn't look relaxed. mitt romney looks like a robot. >> gretchen: i would have never done it. >> steve: well, he it. as jay leno was talking about our grandchildren may certainly be footing the bill on a lot of expenses going forward. we're hearing the obama administration released a budget that includes over a trillion dollars worth of tax hikes just as we inch toward the fiscal cliff with no compromise in sight. peter doocy is at the white house with the latest. peter? >> and the two numbers you need to know to best understand the president's proposal to avoid the fiscal cliff are 1.6 and 400. as in $1.6 trillion in new taxes now and $400 billion in spending cuts later. the
2011 by both parties coming to be blood to the obama at white house has a post the date and has testified against the legislation and tried to prevent congress from passing legislation that would require the publication is standardization. >> talked-about management. the most important data is what brought -- programme says the government have how is it compares to past performance? there has a more progress congress passed an act two years ago requires the administration to come up with federal programs and that is happening you have a published list machine readable to electronically track performance. third category is regulation mrs. where it has been mixed we have half a million datasets in many are machine readable but the most important thing is not being published the mr. shoulda has not move toward getting it done. take finance to regulatory information. the sec requires companies to file financial statements for the first time they are machine readable but they have not moved to take any other information that they publish and the same format. it has 600 forms although
cliff. president obama and john boehner did speak on the issue today, but the results of that conversation not public. the white house has now asked federal agencies to plan for more than $100 billion in cuts. that's what happens if the issue is not resolved by december 31st. >> we've got to cut spending and i believe it's appropriate to put revenues on the table. >> let's allow higher rates to go up for the top 2%. that includes all of you, yes? >> president obama speaking to business leaders when he made that comment today at the white house. insists he will veto any bill that does not include tax increases on wealthier americans. >>> coming up an online shopping horror story, a maryland woman's story may convince you to read the fine print. >> last night we were around 60 degrees most places at this hour. tonight we're some 20 degrees colder than that. i'll let you know how low it gets overnight and if we'll see more warm air on the horizon, but get ready for a chilly overnight. the rest of the forecast is coming up on the news edge at 11:00. >> this is fox 5 news e
, good afternoon, craig. as you can see the holiday decorations are going up here at the white house. but it doesn't seem like anyone is in the holiday spirit. in fact, house speaker john boehner today said that these negotiations are essentially in a stalemate. president obama as you know hit the road, went to hatfield, pennsylvania to take his case to the people of pennsylvania. trying to put pressure on republicans to get on board with his plan to increase taxes on the wealthiest americans. he made his case at a toy maker there and exceptionally said that if lawmakers can't get a deal done by the first of the year, taxes will go up on middle class americans by about $2,000. that will be bad for middle class americans and also bad for businesses like connects toy maker which is where he spoke a little earlier on today. especially as we enter the busy holiday shopping season. here is a little more of what president obama had to say today. take a listen. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. every family.
or break point, it is where we begin tonight with our white house correspondent kristen welker, good evening. >> reporter: good evening, president obama tried to sell his plan in the suburbs of philadelphia today. it is a tactic he thinks has worked in the past, but it did very little to sway the congressional republicans. president obama turning up the heat on republicans. >> hello, hatfield. >> reporter: taking his case for higher taxes on the wealthy to pennsylvania today. >> i don't think it is acceptable to you for just a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. >> reporter: speaking at a factory, mr. obama argued that if congress can't get a deal, taxes will rise about $2,000 average for a family. of coal you get for christmas, that is a scrooje christmas. >> let's not kid ourselves. >> reporter: house speaker john boehner balked. >> increasing tax rates draws money away from the economy that needs to be invested in the economy to put people back to work. it is the wrong app
and tonight will look a little more festive outside of the white house. the national christmas tree lighting ceremony takes place. president obama, first lady michelle obama. their two daughters are going to flick the switch to illuminate the 30-foot spruce. now neil patrick harris will kick off the ceremony at 4:30. musical guests this year include the fray, jason mraz and james taylor. it will be live streamed by the national park service at thenationaltree.org. >>> closer to home the annual monument liking will take place this year. webb gets the honor of flipping the switch. there will be performances by local choirs and plenty of things to eat while you wait for the lights to come on. they get started at 6:00 and highlights and the fireworks come on at 7:45. >> taking the kids out. 6:00 leading up to 7:45. bring a jacket? >> my guess is yes, a jacket and then some lynette? >> not the jacket guys but the coat. the warm heavy coat. as you step out this morning and keep it around throughout the day because we're going to have the temperatures that are well below average. that cold front mo
in the white house with more. >> president obama said look, if republicans agree to my tax plan, we can get this deal done in a week.3 john boehner is waiting on the president, he says he's read hey to meet with the president at any time. we asked the president obama plan on calling the speaker or inviting the speaker to the white house and we haven't gotten a response. what is dumbing this all up is the tax rate increase. >> were not insisting on rates out of spite for any kind of partisan victory. but rather because we need to raise a certain amount of revenue. >> an obsession to raise taxes is not going to solve the problem. what will solve the problem is doing something about the entitlements, taking on wasteful spending in washington. speak up for the fiscal cliff is part of the half trillion dollars in cuts to the pentagon. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you.
to call police. >>> president obama takes a short time from the white house to go to virginia today, to meet with the middle class family that will feel the impact of the fiscal cliff. as danielle nottingham reports for wjz from washington, outside, groups are turning up the pressure for congress and the president to reach a deal. >> representative maloney. >> reporter: lawmakers are gettingang earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent. for this family. >> reporter: the white house has made clear, the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> for them to be burdened, unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in ver
both houses. meanwhile, the white house said tonight president obama has a two-step plan. the first is to extend the middle class tax cuts while allowing cuts for the wealthiest americans to expire. the second is to call for tax reform by august 1st of next year. in the meantime, the nation's debt ceiling is looming in january. the president's warning republicans not to include any debt limit concessions in their fiscal cliff strategy. >>> we have had a lovely week around here. but it's time to get back to a little december reality. >> would you look at that. veronica has a look at another change coming our way. what about it, veronica? >> do you like that sunset? isn't that gorgeous? >> it's lovely. >> fiery red there on the horizon. and not a bad day. the wind picked up a bit. that northwesterly wind behind the cold front that came through very early this morning. high temps in fact for today, 60 degrees. that was at 5:00 a.m. we now stand in the mid-50s. pretty much falling temps all day. now 55 degrees. trinidad, and good afternoon to you folks in tyson's corner. up north, alrea
is -- is killing us. >> top economists came to talk about it. president obama and john boehner spoke wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. republican leaders say they will close loopholes and eliminate tax breaks to raise money but insist that bush era tax cuts must be extended for all americans. the stan stand -- stand off and the debt concerns ryan skenke. he's the guidancing with the cochair of the president's deficit commission alan simpson. the group is working to get young people involved in fixing the debt crisis. >> we're trying to connect with our generation in a different way. we're using humor to hook them in and get them to learn about this issue and understand how it effects their lives. >> they want to sign up more than 2 million people to put pressure on both sides. in washington danielle noting ham wjz eyewitness news. >> former senator allen simple -- simpson said the deal must include new revenue and spending cuts. he
: president obama is leaving the white house heading to pennsylvania speaking at a plastics factory near the adelphia pitching his plan to raise taxes on a ridge. markets rose earlier this week when a compromise in the fiscal cliff debate seemed possible and the president made his first offer. i am calling it totally unrealistic slack in the face, dow industrials are up but only nine points higher. we have a report on manufacturing, the chicago p.m. eyes slightly better than last month. verysign licenses internet domain vain did it means, if i wanted to go stuart varney.com, go through them, but puts limits on how much they can charge. that is why stock is down 15%. back in 90 seconds. we are going to see illinois and the pension pipe. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. i have obligations. cute tobligations, but obligatio.ing. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find ou
story, the fiscal cliff debate. and fox 5 learned that president obama and john boehner spoke on the issue today, but the results have not been made public. the white house is asking federal agencies to plan for $100 billion in spending cuts and that is what happened if not resolved. administration believes the deal will be done. john boehner made an offer earlier this week putting $800 billion on new revenue on the table. he got hit hard by the administration and members of his own party. >> we have to cut spending and, i believe, it's super flowous. >> and that is a law, higher rates to go up for the 2072%, including all of you. yes. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night d
. president obama and mitt romney just wrapped up lunch in the private dining room at the white house. i want you to watch closely because we caught romney's arrival and there's romney. leaving the white house. about 20 minutes ago. the president first mentioned plans to meet with romney in the election night vingt ri speech talking about it again in the first post-election news conference. >> there may be ideas that he has with respect to jobs and growth that can help middle class families that i want to hear so, you know, i'm not either prejudging what he's interested in doing nor am i suggesting i've got some specific assignment but what i want to do is get ideas from him and see if there's some ways that we can potentially work together. >> that sounds all well and good and adult, doesn't it, candy crowley? our political correspondent. and anchor of cnn's "state of the union." oh, to be a fly on the wall at that meeting. >> i know. >> lasted an hour and a half? >> yeah, yeah. >> do you think it was more of a bury the hatchet or a courtesy call-type of meeting more than substance? >> first
right now. the last couple of months, you've gone to the white house, met president obama. i heard he gave you some souvenirs, as well. >> yes. he gave me a pen and presidential m&ms. >> you still have the m&ms? >> no. >> i guess they are pretty good. and we all watched you on "dancing with the stars." >> yes. >> the fierce five showing up to help shawn out. that must have been fantastic. >> it was a lot of fun. and we had so much fun performing on stage with shawn and derek. >> so, what is next? you're on the book tour right now. going to have a little break over christmas. but gymnastics, still in your blood, right? >> i'm hoping to attend 2016 and get back into the gym. get back in the swing of things. and just gain more. i want to go to more world championships. and i think it would be cool to attend two more olympic games. >> it would be cool for all of us. thank you for coming in today. the book is called "grace, gold & glory." it's in stores today. >>> when we come back, a hol >>> back, now, with a real favorite of ours, katherine jenkins. with us throughout the "dancing with t
. if you and i were to close down this house, if president obama were to leave the white house tomorrow and bolt the door, if we passed absolutely no new laws, no new promises, made no new commitments, this red line represents the spending that would happen automatically. this red line represents the spending that happens if we don't change one thing. and what you see then, mr. speaker, is there's just no way. this green line represents taxes. there's no way we can raise taxes high enough to cover this amount of spending. if we took everything from everybody, mr. speaker -- hear that. if we had a 100% tax on every dollar you earned, if we took everything you had in your household and sold it all for its value, if we confiscated every asset of every business in america and we sold it at the auction block and we put all that money in a bank account to save for a-run day, we still -- save for a rainy day, we still would not have enough money to pay for the spending that we promised america in this red line. it's a strength problem we have. our -- it's a spending problem we have. our proble
're going to be. >> woodruff: president obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again drew a hard line for republicans in congress. >> everybody's is going to have to share in some sacrifice. but it starts with folks who are in the best position to sacrifice. who are in the best position to step up . just to be clear i'm not going to sign any package that somehow prevents the top rate from going up, the top 2% from going up. >> woodruff: the president phoned house speaker john boehner yesterday, their first direct talk in almost a week. but today white house spokesman jay carney wouldn't share details of the call. >> we believe it's in the interest of achieving an agreement not to do that. >> reporter: treasury secretary timothy geithner said yesterday the white house was absolutely willing to go over the cliff if republicans held firm in their opposition to raising rates on the wealthy. bu
lighting of the christmas tree. the tradition started by calvin coolidge as president barack obama and his family flip the switch. the spirit of the evening is the same, the audience may notice changes. the stage has been moved. >> the backdrop is exsen waited by the tree. the white house and executive office building. really showcases many of the features we have here in president's park. >> reporter: the tree itself is new. the blue spruce was destroyed by wind in 2011. the replacement also died. in october, the current tree was planted. all indications are that it's doing well. we are told the lighting scheme on the tree changed. if you were here last year, expect it to be different. the ornaments are different. they changed the lights themselves. they mix it up from year-to-year. for a lot of folks, it's a tradition to come every year with their families. if you are coming, you have to have a ticket. this is not a situation where you can come down here. many years ago, you could come for standing only room tickets. that is not the case this year. you have to have a ticket. all of them
. >>> a family in falls church, virginia, is the face of the white house push to avoid the fiscal cliff. president obama paid them a visit to find out how tax increases would impact them. right now, there's still no agreement with republican lawmakers. nbc's danielle lee is on capitol hill with more on the president's house call today and with the latest on what both sides are prescribing. danielle? >> reporter: pat, president obama said he's trying to highlight the impact of those tax hikes on the middle class. on capitol hill, there's growing pressure to stop the campaigning and sit down face-to-face. avoiding the bickering on capitol hill today, president obama headed to northern virginia. he sat down with tiffany santana and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: tiffany had used twitter to tell the president her family can't afford a tax increase. and the white house released this
and other areas of the federal government. >> the plans that the white house has talked about thus far, they couldn't pass either house of the congress. >> reporter: president obama says he will not sign a bill without a tax increase on incomes over $250,000. he met with a room full of ceos in washington today. >> i know that many of you have come down here to try to see, there a way we with break through the logjam and go ahead and get things done. and i'm here to tell you that nobody wants to get this done more than me. >> reporter: and yet house speaker john boehner says the president hat not responded to republicans' latest proposal. >> that offer included significant spending cuts and reforms and it included additional revenue. and frankly, it was the balanced approach that the president has been asking for. >> reporter: perhaps the boehner-obama phone call has moved things along. >> there is lots of activity looking at options. what we don't have is a meeting of the mind. this will require a difficult compromise on all sides to get the job done. >>> also this morning, the develop
what was said... day...president obama defended his plaa for 1-point 6 triilion in new tax revenue during a white house gathering of ceo's.the speaker spoke &pand said the presidentts plan is nottthe way to go boehner says: "his plan will hurt nearly a million small businesses around our couutry and that will affect hundredrs of thousands of jobs." obama says: "it is not possible for us to raise the amount of revenue this requires for a balancee paccage if all you're relying on is closinggdeeuccions and looppoles" the president hhs not scheduled ann meetinns with gop leaders in weeks... and has not offered any counter-proppsal to boeener's plan from last week. falling off... has... some workers... at the ..social security offices... worrid worrieda.... handful of workers .. picketed... in... front f ...the sooial security office... downtown... tday...///they ... p say... ttey're... already overworked.../...and... will... mmke - the roblem worse../....at... when... more - people are retiring rrsing health care costs are the most stubborn element of th
relief. white house press secretary jay carney said wednesday it's too early to say how much relief money the obama administration will request. he pointed out the administration has already designated more than $2 billion. transportation secretary ray lahood announced 10 million more dollars for new jersey thursday. emily schmidt, washington. >> that just sounds like a drop in the bucket. >>> in case you missed it live, here's a holiday treat we've reheated for you, the lighting of the national christmas tree that took place earlier tonight down on the ellipse right outside the white house. >> four, three, two, one. [ cheering and applause ] >> the free is ball. the president and his family -- the tree is beautiful. the president and his family are beautiful. it's a beautiful night in washington d.c., isn't it? that's a colorado blue spruce that came this way from virginia. it was transplanted in october. >> this is our third tree in as many years. our long standing tree was lost in a storm and then its replacement didn't take hold. if just goes to show nobody's job is safe here in washi
's still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> i'm going to need a response from the white house. we can't sit here and negotiate with ourselves. >> the president and boehner spoke on the phone wednesday, but republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person, here on capitol hill or at the white house, there will be no deal without a compromise on taxes, something that does not appear likely any time soon. >> an obsession to raise taxes is not going to solve the problem. >> treasury secretary timothy geithner said the white house is absolutely willing to go over the fiscal cliff if the gop doesn't agree to raise taxes on the top 2% of earners. while a handful of republicans appears willing to concede that point, the party's position seems unchangeable. >> speaker boehner took a position i think the day after the campaign that says we're willing to bring in revenue, but we're not willing to increase rate
this year's christmas trimmings. >> the white house has released its annual holiday video, showing first dog, bo, checking out his newly-decorated diggs with the obamas nowhere in sight. bo goes room-to-room, until he comes face-to-face with a larger-than-life topiary, made in his likeness. >> it looks like bo won the standoff, ending up with the victory santa hat. >>> and a wealthy man from missouri who won't give his name, visited storm-damaged staten long island and new jersey, handing out $100 bills. >> it earned him lots of hugs and kisses and triggered plenty of tears, as well. the man says it's not about the money. but about the random acts of kindness. well done, sir. >> well done. >>> and check out one of the most daring midair stunts, i think. >> a pilot and a skydiver positioned themselves as close together as possible. and, whoosh, the plane appears to fly between the skydiver's legs. and how about this maneuver? the skydiver seems to touch down on top of the plane. >> and the most daring stunt, the plane goes into a twisting free fall. and the pilot pulls up, just in time to cro
.c., the standoff continues. house speaker john boehner says he is still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> we need a response from the white house. we can't sit here and negotiate with ourselves. >> reporter: the president and boehner spoke on the phone wednesday but republicans want more. >> we want to sit down with the. we want to talk specifics. >> reporter: whether the talks happen on the phone or in person, here on capitol hill or at the white house, there will be no deal without a compromise on taxes, something that does not appear likely any time soon. >> an obsession to raise taxes is not going to solve the problem. >> reporter: treasury secretary timothy geithner said the white house is absolutely willing to go over the fiscal cliff if the g.o.p. doesn't agree to raise taxes on the top 2% of earners. while a handful of republicans appears willing to concede that point, the party's position seems unchangeable. >> speaker boehner took a position i think the day aft campaign that said we're willing to bring in revenue but we're
. it is chile, right? martha: turkey chile. bill: president obama hosting governor mitt romney for a private lunch at white house. this is the photo released by the white house, shaking hands at the oval house. they had a lunch, hour long, no media or press cameras. press press was asked about it. listen here. melissa: nothing is preventing you from speaking with governor romney about it. well, that is obviously up to former governor romney to decide whether he wants to have a conversation with you. and, you're welcome, when the president, next appears before you to ask him about it. we will provide a readout. but we didn't, i think they wanted to have, each man wanted to have a private conversation. they didn't want to turn it into a press event. bill: we hear that governor romney congratulated the president on his campaign and wished himself. they promised to stay in contact if there are opportunities to work on shared interest. don't hold your breath. martha: a new government report out shows americans cut back on their spending last month and saw no growth in their incomes. the commerce
into the holiday spirit. today is the 90th annual national christmas tree lighting. president barack obama, his wife and two daughters will flip the switch to light the 30- foot tall true. this was planted in october on the ellipse near the white house. the event kicks off at 4:30. neil patrick harris will be the host. >>> it's beginning to lookalikes like christmas in baltimore city too. that's because today is the annual lighting of the washington monument. and festivities start in mount vernon at 5:30 this morning. the lights and fireworks happen around 7:45. the year lardarius webb will flip the switch and starting this morning there's going to be road closures in the area because of the event. here's lauren cook and let you know how to get around that area. >>> well this lighting will really impact the traffic in mount vernon this morning. beginning at 9:00 a.m., the westbound lanes of mount vernon place will shut down from charles street to cathedral street. at 10:00 a.m. the east drive of north charles street is going to be closed between center street and madison street. and then at 6:0
from president obama and john boehner. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. the white house has to get serious. >> republicans know where we stand. we've said it, we've said it, we've said it so many times. >> i think all of us today are confident we can reach a bipartisan agreement by christmastime. >> according to congressional republican aides who have talked to the "wall street journal," they say they have obtained a copy of the white house's proffer here in the fiscal cliff negotiations. >> do you have faith in any of them to rise above? >> would it be okay to go over? >> we will rise above. >> one can only hope. so how should investors brace themselves for the big week ahead? in today's trader triple play, jeff kilburg, along with mahir dongei. steve, you get to go first. would you have expected that today basically a flat-line kind of day for the dow and s&p and so forth, would have been more volatile given greece, given the comments out of washington and in pennsylvania? >> i certainly would have.
that are given to people. and that's my comment. thank you. host: from the washington times this morning, obama, romney to meet for lunch at white house. the white house revealed that the men will have lunch in the private dining room of the white house. it will be their first extensive meeting ever other than their three debates during the fall campaign. they have had only a few brief encounters. while in washington, mr. romney also reportedly will visit with his former running mate paul ryan of wisconsin who is heavily golved in the g.o.p.'s negotiations with the obama administration to solve the government's fiscal cliff. since the election, mr. rom knit has secluded himself from the media at his southern california home making no public appearances but has bad photographed killing his car at a local gas station and taking a day trip with his grandchildren to nearby disneyland. linden in bristol, virginia on our democrats line. the g.o.p. says to address the spending problem, what do you think? caller: i kind of agree more with the president that it should be a balanced approach. yes, we pro
. we're not going to increase tax rates. >> warner: a white house spokesman shot back that republicans ought not to be surprised that mr. obama is sticking to his guns. and congressional democrats, like house minority leader nancy pelosi, welcomed the president's plan. >> elections have consequences. the president campaigned-- he made it very clear, he made it very clear that he was supporting a tax cut for the middle class, that he wanted the expiration of the tax cuts for the high end. and the american people know that debate, they voted for him. >> warner: still, despite all the tough talk, reporter todd zwillich of wnyc and public radio international says there's more movement behind the scenes than meets the eye. >> there does tend to be a pattern to how big negotiations like this go. the fact that they haven't reached an agreement yet doesn't mean they won't before christmas, doesn't mean they won't before new years. there is a value in doing some public posturing and trying to get the public and the media on your side in these negotiations. the speaker may be right, it may be a
for president obama to make his next counter offer to the republican plan he rejected. >> i'm going to need a response from the white house. we can't negotiate with ourselves. >> the president and boehner spoke on the phone wednesday. republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person here at capitol hill or at the white house there will be no deal without a compromise on taxes. >> i'm obsession to raise taxes is not going to solve the problem. >> timothy gitner said the white house is willing to go over the fiscal cliff if the gop doesn't agree to raise taxes on the top 2% of corners. the parties position seems unchangeable. >> speaker boehner took a position i think the day after the campaign that said we're willing to bring in revenue but not being to take a risk. >> the president said they could reach a deal within a week. >> the white house budget officer is issuing an order to prepare for more than $100 billion in spending cuts in a compromise cannot be reached before the deadline. >>> chan
there. >>> the white house releasing this photo of mitt romney and president obama shaking hands during yesterday's private lunch meeting. >> so there was a photo after all. >> released and taken by the white house. the former rivals promised to stay in touch after spending an hour discussing ideas for keeping america competitive. they dined on turkey chili and chicken salad. a source tells cnn there was no talk of a possible role for romney in the obama administration. >>> the supreme court may decide as early as today if it will tackle same-sex marriage. the justices will consider requests to review cases that challenge doma, the defense of marriage act, as a violation of the constitution's equal protection marriage. also on the table potentially, they're considering a challenge to prop 8, that is california's ban on same-sex marriage which voters narrowly approved back in 2008. >> this is a huge move by the court today to find out what they're going to do. >>> an update on the health of former president george h.w. bush. he's in stable condition at a houston hospital. he was admitted
. spending cuts. >> the white house drew its own line in the sand and said tax rates must go up on the top earners, but -- >> the middle-class tax cut should be made permanent. >> president obama stayed out of the fiscal cliff discussions and sat down for lunch with former rival mitt romney. >> i am sure they will or have already compared experiences on the campaign trail. >> today president obama hits the road to push for his plan to avoid the fiscal cliff. but republicans have slammed him for campaign-style politics that they say just won't get the job done. rob and sunny, back to you. >> can you really imagine that they're not going to reach some sort of deal to avoid the fiscal cliff? i mean that would be so unpopular across the nation. >> you would -- if you can take an action that would solve the problem for 98% of the country and then come back to the debate about the wealthiest 2%, let's get that first chunk done. republicans fear they could lose leverage if they cave in on the middle-class issue. apparently the president, his team has made increased demand here including, a provis
on the fiscal cliff with the deadline at the end of the month republicans are calling the white house's new proposal unrealistic, while president obama takes it on the road to rally support. joining me now isdom senator ben card enmember of the budget and finance committees. senator thank you for joining us. >> my pleasure. >> let's talk take a look at probe's proposal. a $50 billion stimulus package. some have characterized this as a democrats' wish list. can you put into perspective how realistic this is? >> i think it is a realistic next step. remember we've already done close to $1 trillion in deficit reduction during the debt ceiling agreement. so we've gotten $1 trillion of discretionary domestic spending savings. it's time now to move on the revenues. quite frankly, i think the easiest next step, i would hope this could happen as early as this week, is to pass the continuation of the lower tax rates for those under $250,000 of taxable income. get that done. everyone agrees on it. it helps the holiday season. it gives confidence. we know we have to get beyond that. we know we also hav
and other areas of the federal government. >> if you look at the plans that the white house has talked about thus far, they couldn't pass either house of the congress. >> president barack obama says he will not sign a bill without a tax increase on incomes over $250,000. he met with a roomful of ceos in washington today. >> i know that many of you have come down here to try to see is there a way that we can break through the logjam and go ahead and get things done? and i'm here to tell you that nobody wants to get this done more than me. >> and yet house speaker john boehner says the president has not responded to republicans' latest proposal. >> that offer included significant spending cuts and reforms and it include additional revenue. frankly, it was the balanced approach that the president's has been asking for. >> perhaps the boehner/obama phone call late today has moved things along. >> there's lots of activity looking at opposites. what we don't have right now be on -- options. what we don't have right now obviously is a meeting of the minds. this will require a difficult compromise
christie stops by the white house today, to ask for more help in super storm sandy's wake. so far, his state has received more than $20 million in emergency funds. president obama is expected to ask congress for $50 billion to help rebuild hard-hit states. the massive super storm killed 130 people in eight states and caused billions of dollars in damage. >>> on capitol hill, republicans are sticking to their positions. the tax cuts should be extended for all americans. danielle nottingham reports for wjz. it comes as president obama meets with a family who would be impacted if the country goes over the fiscal cliff. >> reporter: lawmakers are getting an earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top comiftds -- economists came to capitol hill thursday to talk about the impact of tax increases ask government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent for this family. >> reporter: the white house has made clear, the
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